But the 31-year-old has struggled to make an impact, and spent last season on loan at Bologna.

He resurrected his career back in Serie A, and starred at this summer’s European Championships before Italy were knocked out in the quarter-finals.

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That form has led to a host of clubs chasing the midfielder’s signature, with Sunderland understood to be willing to sell at a fee of around £2 million.

Reports have claimed Torino have agreed a deal for Giaccherini, while Napoli were said to have entered the race with the advantage of being able to offer the player the chance to play in the Champions League.

However, Giaccherini’s agent Furio Valcareggi insists he has had no contact from the Naples outfit, and continues to hold talks with other potential suitors.

“There has been absolutely nothing, and I am not the type who hides things, I am not into pretending,” said Valcareggi.

“I don’t know from where this bit of news was pulled from.

“If Napoli had wanted (him), someone from the club would have called me, but there has been nothing, no contact.

“Meanwhile, I am carrying out talks with other clubs for Giaccherini.”